Stock Market & Financial Investment News

Hess CEO pursues new strategy, WSJ reportsJohn Hess, CEO of Hess Corp., is transforming the company to a exploration and production fimr from the refining and marketing business his late father built. After a tough proxy fight last year, he says they're in a transition period. "Expectations are set by Wall Street analysts, not the company, so getting a re-basing of the company will take some time." Reference Link